Databricks, a company that helps businesses analyze their data, is about to become worth $100 billion after a new round of funding, according to The Wall Street Journal . This represents a huge jump of 61% from what the company was worth just eight months ago in December. The funding round is being led by Thrive Capital, a well-known investment firm, with other big investors like Andreessen Horowitz also putting money into the deal.

The company sells software that helps businesses make sense of large amounts of information they collect. For example, sports brand Adidas uses Databricks tools to read through millions of customer reviews and feedback to make better products. The Wall Street Journal reports that Databricks has also formed new partnerships with other tech companies like

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